French president François Hollande is evermore himself and this is bad news for France.
In his first year it was the old Socialist pattern of campaigning in left-wing poetry (for example the 75 percent tax on incomes over 1 million euros), then backpedaling to mixed-up prose once in office when the big interests and the Constitutional Court opposed him. Several months ago he suddenly announced an unexpected pro-business turn (cut labor and social benefits costs to increase competitiveness), trying to cover his tracks with a nod to the left (modest reductions in taxes and social contributions paid by salaried workers). …read more
Source: The Huffington Post
